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by stupidhn 3319 days ago
I love how you believe that the government is standing in the way of you making a fortune investing. That's precisely why the laws exist. How quickly we forget average peoples buying million dollar homes without understanding the basics of interest rates.
1 comments

> How quickly we forget average peoples buying million dollar homes without understanding the basics of interest rates.

If they are so stupid to buy a million dollar home without even having income (NINJA loans), it doesn't mean I must be out of all possible deals I can make.

And yes, by sharply increasing the barrier of entry, the government effectively standing in the way of me of making a fortune!

I'm not saying that I definitely make a fortune if there is no such requirement. I'm saying my chances would be significantly better (by the way, it doesn't imply that chances would be big, it's would be just better).

Unlike leftists, I never asking any help from the government. I never dare to think that rich owe me money! I never dare to blame the government if I lose my money in risky investment!

May be I'm sound aggressive but unlike leftists I'm super peaceful since I don't think anybody owe me anything!

I just want the government leave me alone.

I'm assuming US regulation is not much different than Swiss regulation here but nobody is ultimately stopping you from investing in those companies. You can invest in any company you like and as much as you like it's just that you can't do it through an intermediary like coinlist. But if you ask the founders for shares they could offer you as many as they like. It might not be worth the extra work for small investments but it's not impossible for you to invest. The purpose of such laws isn't to keep out small investors from lucrative deals - VCs would profit the most if small investors could participate as well and massively drive up the price. The intent of such laws is to create a more thorough funding process which makes financing rounds less lucrative and less likely to succeed for scammers.
> Unlike leftists, I never asking any help from the government. I never dare to think that rich owe me money! I never dare to blame the government if I lose my money in risky investment!

I do not agree that denying help from others is a virtue.

Let's say you have health issues and need medical treatment that costs thousands of dollars, but you don't have them right now because of life circumstances. Wouldn't you agree that you would benefit from a government that pays for your medical treatment?

Or would you just say "Oh bad, didn't consider that. My fault, that I am fucked now. Well. That's life."